£344,616
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Jun 2018. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
There has been one burglary within the last year on or near Drewett Close
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5 School Green, Shinfield, Reading, RG2 9EE
Phone: 01189099792
| Price Paid | Date |
|---|---|
| £275,000 | 7 Jun 2018 |
| £139,950 | 12 Apr 2011 |
| £140,000 | 10 Dec 2004 |
| £75,000 | 1 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,015 sq feet |
This model uses changes in the Official Land Registry House Price Index for WOKINGHAM to estimate the market value.
When this house was purchased in June 2018 the House Price Index for WOKINGHAM was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £275,000 results in an estimated price of approximately £344,616.
| 7 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £275,000 | £69,616 | £344,616 |
The Postcode Pricing Model uses changes in average sales price within the RG2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -24.789 % | £-68,169 | £206,830 |
| 3 Month Average | 7.667 % | £21,084 | £296,084 |
| 6 Month Average | 8.223 % | £22,614 | £297,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £375,773 | £370,000 | 359 OLD WHITLEY WOOD LANE |
| 20 Oct 2023 | £286,507 | £280,000 | 16 FALMOUTH ROAD |
| 7 Jun 2023 | £739,826 | £725,000 | 3 SALMOND ROAD |
| 29 Jul 2022 | £540,415 | £535,000 | 8 SALMOND ROAD |
| 21 Apr 2022 | £437,792 | £422,000 | 11 FALMOUTH ROAD |
This house has a floor area of 94 sq meters or 1,015 sq feet when measured on 13 Jul 2010. Using an estimated price of £344,616 means this house is valued at £3,654 per sq meter (£339 per sq foot).
The average size of a house on DREWETT CLOSE is 100 sq meters (1,078 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Drewett Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Drewett Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Drewett Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Drewett Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Drewett Close |